brazil

Brazil congressional committee approves 2024 budget bill

BRASILIA (Reuters) – Brazil’s congressional budget committee approved on Thursday the country’s 2024 budget bill, with a shallower-than-expected spending cut in President Luiz Inacio Lula da Silva’s growth acceleration program. The bill…
December 21, 2023

Brazil limits debt growth on revolving credit card lines

BRASILIA (Reuters) -Brazil’s National Monetary Council, the country’s top economic policy body, on Thursday set regulations on a measure passed in October to limit interest rates and financial charges in revolving credit…
December 21, 2023

Brazil economic activity down 0.06% in October

SAO PAULO (Reuters) – Economic activity in Brazil performed worse than expected in October, central bank data showed on Wednesday, corroborating broad readings of economic cooling. The IBC-Br index, a key predictor…
December 20, 2023

S&P upgrades Brazil to ‘BB’ following major tax reform

BRASILIA (Reuters) -S&P Global Ratings upgraded Brazil’s long-term ratings to “BB” from “BB-” on Tuesday following the approval of a landmark tax reform, which the agency said reinforced the country’s pragmatic track…
December 19, 2023
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